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Home Mining & Energy

Namibia increases Energy Fund levy, keeps March fuel prices unchanged

by editor
March 4, 2024
in Mining & Energy
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The Ministry of Mines and Energy has increased the National Energy Fund Levy by 50 cents on all petroleum products, bringing it to N$186.77 cents per liter for petrol and N$166.76 cents per liter for diesel.

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The decision comes as the National Energy Fund absorbs under recoveries worth N$124 million resulting from the Ministry’s move to maintain fuel prices for March 2024 at their current levels.

Consequently, in Walvis Bay, petrol will remain priced at N$20.78 per liter, while diesel 50ppm will cost N$21.05 per liter, and diesel 10ppm will be N$21.25 per liter.-miningandnergy.com.na

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Tags: africa newsenergymarchMinistry of Mines and Energynamibianamibia newsNational Energy Fundpetrol pricewalvis bay
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